Sansera Engineering IPO subscription to start from Sep 14 to Sep 16, 2021. The IPO is entirely an offer for sale of 17,244,328 equity shares by promoters and existing shareholders. The price range for the offer has been fixed at Rs 734 – 744 per share.
Sansera IPO Subscription Status
|Day 1||14-Sep-2021 17:00||0.29x||0.07x||0.87x||0.36x||0.50x|
|Day 2||15-Sep-2021 17:00||0.38x||0.22x||1.72x||1.03x||1.02x|
|Day 3||16-Sep-2021 17:00||26.47x||11.37x||3.08x||1.37x||11.43x|
About Sansera Engineering
Sansera Engineering is an engineering-led integrated manufacturer of complex and critical precision engineered components across automotive and non-automotive sectors. Within the automotive sector, the company manufacture and supply a range of precision forged and machined components and assemblies, such as connecting rod, rocker arm, crankshaft, gear shifter fork, stem comp, and aluminium forged parts, that are critical for engine, transmission, suspension, braking, chassis and other systems for the two-wheeler, passenger vehicle and commercial vehicle verticals. Within the non-automotive sector, the company manufacture and supply a range of precision components for the aerospace, off-road, agriculture and other segments, including engineering and capital goods.
Sansera Engineering supply most of the products directly to OEMs in finished (forged and machined) condition, resulting in significant value addition by the company.
Sansera Engineering IPO Price – Details
|Details||SANSERA IPO Details|
|Public Issue||Initial Public offer of 17,244,328 Equity Shares aggregating upto ₹ 1,282.98 Cr through an Offer for Sale of up to 17,244,328 equity shares|
|Issue Open Date||14-Sep-21|
|Issue Close Date||16-Sep-21|
|Issue Type||Book Building|
|IPO Price Band||₹ 734 – ₹ 744|
|Face Value||₹ 2|
|Discount||Rs.36 per Equity Share to Eligible Employee Category|
|Market Lot||20 Equity Shares and in multiples thereof|
|Minimum Order Quantity||20 Equity Shares|
|Maximum Subscription Amount for Retail Investor||Rs. 2,00,000|
|IPO Market Timings||10.00 a.m. to 5.00 p.m.|
Sansera Engineering IPO Subscription Status – FAQs
How much Sansera IPO subscribed on Day 1?
The Sansera Engineering IPO subscribed 0.50 times on day 1
How much Sansera Engineering IPO subscribed on Day 2?
The Sansera Engineering IPO subscribed 1.02 times on day 2.
How much Sansera Engineering IPO subscribed on Day 3 ?
The Sansera Engineering IPO retail subscription is 11.43 times on day 3.
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